Bidding , Project Management

Bidding is a process in which you  quote money in exchange of goods or services through an auction. They are two types of auctions: open auction and silent auction. In an open auction, interested parties compete for acquisitions by offering a higher bid than the offer that is currently on the table and higher than the competitive bidders. In silent auction, there is no quote on table; the quoted bid is the maximum price that the bidder is willing to pay for the goods or services.  

The most widely used methods of bidding are as follows: 

  •   International/Global Competitive Bidding (ICB). 
  •   Limited International Competitive Bidding (LIB). 
  •   National Competitive Bidding (NCB).  
Posted Date: 9/27/2012 8:18:45 AM | Location : United States







Related Discussions:- Bidding , Assignment Help, Ask Question on Bidding , Get Answer, Expert's Help, Bidding Discussions

Write discussion on Bidding
Your posts are moderated
Related Questions
Question 1: "Matrix structures are becoming more common and are likely to continue to do so in the future" (Field and Keller, 1998). a) Describe likely problems with functio

Question: (a) A famous man once said: "If you do not know where you are going, how will you know how you will reach your destination". This sentence captures the importance of

Describe the contents of a project initiation document. Contents of a PID (project initiation document): • Terms of reference for example the concept of the report • Scop

Question: (a) John Oakland says: "Day to day issues, often taken for granted, involve quality in some form or other. For example, the safety and conformity with accepted st

#question.what is project planning.

Question: (i) What are the different measures taken by Government so far to address problems of redundancy in public sector organisations in Mauritius? (ii) What reasonable

Discuss the "Cost of Quality" and is ramifications / implications in the organization - COQ (Cost of Quality) means the financial number brought into play by project managemen

There are two learning objectives of this assessment. 1. The first relates directly to the operations management materials presented in the lectures 4 and 5. This assessment wil

Task 1- Group powerpoint with 1000 word individual assignment You will be allocated to a group. You are part of a global electronics company that has offices in Germany, Paris, Ind

Identify the critical path by activities and duration. Activity          Duration (Wks)       Preceded by A                     5                               -